Brief by Shorts91 Newsdesk / 06:40am on 28 Feb 2024,Wednesday Tech Today
Apple has reportedly canceled plans to build electric vehicles (EVs) after a decade of secretive development involving around two thousand employees. The project, known as Project Titan, was aimed at creating a fully autonomous vehicle. Instead, many employees will be shifted to Apple's artificial intelligence division. The decision reflects a shift in focus towards AI and away from EVs, as market demand for electric vehicles remains uncertain. Other major players in the EV market, such as Ford and General Motors, have also faced challenges, with some postponing production expansion plans. Tesla, too, has warned of weaker sales growth amid tough competition.
